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Unclaimed

261 Wright Road, Dairy Flat

Auckland

Negotiation

  • 5
  • 2
  • 12
  • 1.87 ha
  • House

Private lifestyle with serious income potential

Set at the very end of the road, this substantial lifestyle property offers a level of privacy, space and flexibility that is becoming increasingly difficult to find. Set across 1.87 hectares, the property combines a spacious family home, extensive recent improvements, a large inground swimming pool and three additional self-contained dwellings.

The 295sqm brick main residence offers five bedrooms and 2.5 bathrooms, with significant investment made into improving the home. A standout feature is the approximately $300,000+ extension, creating a new kitchen and scullery complemented by skylights that bring natural light into the space. The interior has also been freshly painted, while the driveway has recently been concreted, adding to the property's overall presentation.

Outside, a large inground swimming pool with newly installed glass fencing provides a great setting for family living and entertaining, with the surrounding land offering plenty of room to enjoy the lifestyle.

Three additional dwellings - Multiple possibilities Adding another dimension to the property are three self-contained dwellings, currently occupied by the owners' children. Two operate off-grid, each with its own solar system and water tanks, while the third is connected to the main power grid.

For buyers looking to accommodate extended family, provide independent living arrangements or explore additional income opportunities, this setup offers considerable flexibility. The additional dwellings also present potential for rental income, subject to applicable council requirements, building compliance and permitted use.

The owners advise that the additions to the main residence have the required consents. The three additional dwellings are not consented, and buyers should undertake their own due diligence regarding their status, compliance and any applicable exemptions.

A property ready for its next chapter Having called this property home for more than two decades, the current owners have made substantial improvements and created a property that caters to a range of lifestyle needs. With their next move now secured, the opportunity is here for a new owner to make the most of what has been established.

Whether you are searching for a private lifestyle retreat, space for an extended family or a property with the potential to generate additional income, 261 Wright Road deserves your attention.

1.87 hectares. Five-bedroom family home. Three additional dwellings. Exceptional privacy.

A unique lifestyle opportunity with plenty of possibilities.

Open homes 2

Sat, 14 Nov1:30 pm – 2:15 pm
.ics
Sun, 15 Nov1:30 pm – 2:15 pm
.ics

Added to OwnBetter 26 Oct 2026

OwnBetter estimate
$2.08m
Medium confidence

We estimate it would sell for $2,080,000 as at 5 October 2026, in a range of $1,780,000 to $2,360,000.

Typical home in Dairy Flat
$2.26m
The median of our estimates of its 1,547 homes
How we worked this out
Council valuation, May 2024$2,290,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland+0.1%
How Dairy Flat sells against council values−2.7%
Homes of this age in Dairy Flat−0.5%
Homes in this price range−0.9%
Land as a share of the value−0.7%
Our estimate$2,080,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

261 Wright Road as a rental

Rent estimate$1,095/wk$950–$1,260 · Little evidence
Gross yield2.7%$56,940 a year on $2.08m
Net yield2.3%After $10,074 of costs
Cash flow−$779/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $1,095
Property manager
Rent, 52 weeks$56,940
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$46,866
Interest $1,456,000 at 6.00%, interest only−$87,360
Cash flow before tax−$40,494
Cash flow a week−$779
Gross / net yield on the price2.7% / 2.3%
Return on equity cash flow on the deposit, before tax−6.5%
Loses money above this interest rate, before tax3.22%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.22%. That is -6.5% a year on a $624k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area297 m²
  • Land area1.87 ha
  • Decade built2000s
  • Bedrooms5
  • Bathrooms2
  • Parking12 car spaces
  • Property categoryUse not published
  • CouncilAuckland
  • Valuation #30810-00000047500
  • Valuation date1 May 2024

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

  • Title numberNA99A/916
  • Title typeFreehold
  • Legal descriptionLot 5 Deposited Plan 164592
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

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About Dairy Flat

Auckland
1,689
Properties on the rating roll
1 May 2024
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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